Annual_Report2014

Annual Report 2014
41
Governance and structure
5. Other public sector and other
governance obligations
5.1. Legal and governance obligations as a body
established under statute
The Board is principally assisted in ensuring
IAASA’s compliance with its legal and governance
obligations by the Secretary & Head of Legal
Services and the Head of Finance & Administration
respectively. Where applicable, other members of
IAASA’s staff contribute as required to IAASA’s
ongoing compliance with its obligations.
5.2. Legal requirements under the Companies
Acts
During the year, in compliance with IAASA’s
obligations as a company, the directors:
• held IAASA’s eighth Annual General Meeting
on 15 July 2014; and
• filed the company’s Annual Return with the
Registrar of Companies on 16 July 2014.
IAASA has taken the steps necessary to ensure
that, in compliance with section 202 of the 1990
Act, proper books and accounting records are
maintained. Similarly, the Secretary is charged
with maintaining IAASA’s statutory Registers and
ensuring that all filings are made to the Registrar
of Companies within prescribed timeframes.
5.3. Principal legal requirements under other
legislation
IAASA has also taken the necessary steps to
ensure its compliance with a range of other legal
requirements, including:
• health and safety legislation;
• employment and related legislation;
• tax law, including those provisions relating
to the necessity for certain service providers
to IAASA to furnish valid Tax Clearance
Certificates in advance of payments being
made;
• Ethics in Public Office law;
• European Communities (Energy End-use
Efficiency and Energy Services) Regulations;
and
• the European Communities (Late Payments in
Commercial Transactions) Regulations, 2012.
Certain other requirements typically applicable
to statutory bodies such as the Freedom of
Information Acts, Disability Acts and the Official
Languages Act do not apply to IAASA by virtue of
it not having been designated for such purposes at
this time.